{"id":114155,"date":"2020-06-14T08:00:00","date_gmt":"2020-06-14T08:00:00","guid":{"rendered":"http:\/\/www.nintendolife.com\/news\/2020\/06\/warner_bros_interactive_entertainment_is_reportedly_up_for_sale"},"modified":"2020-06-14T08:00:00","modified_gmt":"2020-06-14T08:00:00","slug":"warner-bros-interactive-entertainment-is-reportedly-up-for-sale","status":"publish","type":"post","link":"https:\/\/sickgaming.net\/blog\/2020\/06\/14\/warner-bros-interactive-entertainment-is-reportedly-up-for-sale\/","title":{"rendered":"Warner Bros. Interactive Entertainment Is Reportedly Up For Sale"},"content":{"rendered":"<div class=\"media_block\"><a href=\"http:\/\/images.nintendolife.com\/22016f5299349\/large.jpg\"><img decoding=\"async\" src=\"http:\/\/images.nintendolife.com\/22016f5299349\/small.jpg\" class=\"media_thumbnail\"><\/a><\/div>\n<figure class=\"picture strip\"><a title=\"Batman LEGO\" href=\"http:\/\/images.nintendolife.com\/22016f5299349\/batman-lego.original.jpg\"><img decoding=\"async\" src=\"http:\/\/images.nintendolife.com\/22016f5299349\/batman-lego.900x.jpg\" alt=\"Batman LEGO\"><\/a><\/figure>\n<p>According to a report from <a class=\"external\" href=\"https:\/\/www.cnbc.com\/2020\/06\/12\/att-seeks-sale-for-warner-gaming-unit-could-fetch-4-billion.html\">CNBC<\/a>, AT&amp;T wants to sell its Warner Bros. gaming division for &#8220;about&#8221; $4 billion, to pay off a huge debt, valued at almost $200 billion.<\/p>\n<p>The interested buyers at the moment supposedly include Take-Two Interactive, Electronic Arts, and Activision-Blizzard. This would be a <em>huge<\/em> sale, so obviously not every company will be lining up.<\/p>\n<p>Warner Bros. Interactive Entertainment owns and operates studios like TT Games (Lego series), Rocksteady (<strong><a href=\"http:\/\/www.nintendolife.com\/games\/wiiu\/batman_arkham_origins\">Batman Arkham<\/a><\/strong> series), NetherRealm (<strong><a href=\"http:\/\/www.nintendolife.com\/games\/nintendo-switch\/mortal_kombat_11\">Mortal Kombat 11<\/a><\/strong>), and 5th Cell (<strong><a href=\"http:\/\/www.nintendolife.com\/games\/ds\/scribblenauts\">Scribblenauts<\/a><\/strong>).<\/p>\n<p>Any sale that was approved would <em>not<\/em> necessarily give rights to IP like Batman and Harry Potter &#8211; instead, there would likely be a &#8220;commercial licensing agreement&#8221; &#8211; to ensure AT&amp;T continues to earn revenue.<\/p>\n<p>Two sources have told <a class=\"external\" href=\"https:\/\/venturebeat.com\/2020\/06\/13\/att-is-offering-warner-bros-game-division-for-sale\/\">GamesBeat<\/a> that the report is correct in terms of the division being up for sale but according to CNBC no deal is assured or imminent. <em>If anything goes ahead, we&#8217;ll be sure to let you know.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to a report from CNBC, AT&amp;T wants to sell its Warner Bros. gaming division for &#8220;about&#8221; $4 billion, to pay off a huge debt, valued at almost $200 billion. The interested buyers at the moment supposedly include Take-Two Interactive, Electronic Arts, and Activision-Blizzard. This would be a huge sale, so obviously not every company [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[],"class_list":["post-114155","post","type-post","status-publish","format-standard","hentry","category-nintendo-news"],"_links":{"self":[{"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/posts\/114155","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/comments?post=114155"}],"version-history":[{"count":0,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/posts\/114155\/revisions"}],"wp:attachment":[{"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/media?parent=114155"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/categories?post=114155"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/tags?post=114155"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}